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Illegal capacity and pollution: two threats facing the Chinese aluminium industry
Close on the heels of coal and steel, the aluminium industry is increasingly coming under pressure to moderate capacity growth. Implementing rules ...
Illegal induction furnace closures bring upside to China steel outlook
Induction furnaces and the steel they produce have been illegal in China since 2000. However, they still exist on a large scale. The ongoing endeav...
Industrial downsizing: How can China address overcapacity in steelmaking?
According to Wood Mackenzie's forecast, China's crude steel production will fall from 1,018 Mt in 2022 to 798 Mt by 2050, leaving up to 220 Mt of p...
Iron ore blend calculator – Virtual blend analysis
We forecast a widening of the iron ore quality differentials driven by an increasing preference for high-grade ore. The continued focus on environm...
Iron ore breakeven prices 2009-2025
Average seaborne iron ore breakeven prices have fallen to US$30/tonne (CFR China, 62% Fe fines basis) in 2016, a 16 % reduction compared with last ...
Iron ore energy transition outlook 2024
Steel CO2 emissions are projected to decline by 30% to 2050 in our base case, falling short of the contraction required to meet current climate goa...
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